BNB will break $1000 soon. What are ways for BNB holders to earn free money?

mdzahed134

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Quote from: john1010 on June 16, 2021, 06:30:55 AM

Quote from: Deewhy50 on May 10, 2021, 11:32:39 AM

I have $20K worth of BNB and I dont want to sell it yet. What are ways for me to earn some free money out of these BNB? Someone said I can go mining or farming but I am not so sure of it? Is it safe? He said I can check Nashcash (https://nashcash.fi/#/home) and try its free-ming pool which will be started soon. He told me it is quite a solid one as he knows the team. I do trust this friend but I am still a bit worried. What should I do? Any other ways to earn free money?

Go to Pancakeswap and stake your BNB there, it is safe and passive, anytime you can unstake your bnb, There's a lot of platform that can offer risk free income while you are waiting for BNB to hit 1K$

Right, Pancakeswap is very legitimate way to stake your money and for higher CAKE APYs return so you can make good passive income opportunity. And this is the best project for staking/farming in BSC even team is too active. Yeah, it seems no risky to earn money by passive income.

makishart

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Quote from: bigdude on June 16, 2021, 05:16:36 AM

BNB may be target by SEC soon so we have prepare for this option too

Im not sure this will happen soon. Binance already had binance us that operated in US and that should have already targeted by SEC. it will not give a lot of impact to the price of BNB. The price of BNB will remain the same even the bad news was coming because BNB already making so many expansion to the various countries.

HyunBin

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Quote from: Deewhy50 on May 10, 2021, 11:32:39 AM

I have $20K worth of BNB and I dont want to sell it yet. What are ways for me to earn some free money out of these BNB? Someone said I can go mining or farming but I am not so sure of it? Is it safe? He said I can check Nashcash (https://nashcash.fi/#/home) and try its free-ming pool which will be started soon. He told me it is quite a solid one as he knows the team. I do trust this friend but I am still a bit worried. What should I do? Any other ways to earn free money?

Now that we are experiencing a bearish momentum within the past few months I think the best way for you to atleast gain a good amount of money by having that BNB is to do Staking. Staking will give you passive income especially you have a good amount of BNB hodlings.

Sithara007

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Quote from: makishart on June 16, 2021, 07:27:44 PM

Quote from: bigdude on June 16, 2021, 05:16:36 AM

BNB may be target by SEC soon so we have prepare for this option too

Im not sure this will happen soon. Binance already had binance us that operated in US and that should have already targeted by SEC. it will not give a lot of impact to the price of BNB. The price of BNB will remain the same even the bad news was coming because BNB already making so many expansion to the various countries.

I would not take the SEC threat lightly. And the current allegation is not against the Binance US platform, but against the proper Binance exchange. SEC is alleging that US nationals made use of the relaxed KYC requirements to launder money using Binance. This is similar to the allegation they raised in 2016-17 against the BTC-e exchange. Back then, the BTC-e owners openly challenged the SEC and we all know what happened after that. So I don't want to ignore this issue. Binance management should deal with it carefully.

OcTradism

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Quote from: HyunBin on June 16, 2021, 09:49:22 PM

Now that we are experiencing a bearish momentum within the past few months I think the best way for you to atleast gain a good amount of money by having that BNB is to do Staking. Staking will give you passive income especially you have a good amount of BNB hodlings.

Staking is the best in the time of Holding. You will get more BNB if you stake it but you will get nothing if you hold it in your account or in your wallet. It is wise if you are holders but it is not good if you are trader.

The market is good to do scalping trade with the side way time. If you are better at trading, and scalping trade in particular, you can trade and increase your BNB. Staking is not the only choice for you.

int03h

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Put it in CEFI on Binance centralized exchange platform for passive income. Locking in liquidity on DEFI can present different risks, which are not suitable for long-term BNB holdings. If there is a bug in the DEFI protocols, you risk losing all your money.

Maestro75

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Quote from: Yudhisthir on June 16, 2021, 05:55:33 AM

Quote from: Maestro75 on June 16, 2021, 05:41:12 AM

I take it that in this thread you are trying to promote the Nashcash site and that you knowingly avoided the title in your topic about BNB hitting $1,000. This is even made worse as accounts below you followed your trail in promoting same site you mentioned. Anyway, let me make a comment on the price projection of BNB. It will not get to $1,000 before the end of 2021 unless you are talking about it getting there in 2022 or 2023. Today's BNB price is at $360+ as I make this post.

Just realized it's all about NashCash. BNB is surely a token with potential but it's better to hold it than put it on less known and small staking sites. Binance itself do provide some staking and Launchpool investment with BNB token. If you need to, you can also venture some of your BNB to popular staking sites as Pancakeswap. Even if you are late, the staking reward won't decrease significantly, so, it's wiser to wait and look at the market before deciding to put your BNB anywhere.

I get the feeling that you did not get the reason for my post, and if that is the case I urge you to read it again or you can easily read the post am quoting below and take note of that in bold for clarification to understand my post better.

Quote from: ?? on ??

What's with this Nash what makes it different from other farming sites before you promote it here and I have this suspicion that it is being shilled here,

richcorner100

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I think staking is more safe way to earn pasif income than yield farming, because yield farming/liquidity mining there are risk with impermanent loss. Staking on Decentralized platform is better way, so we have full control with the coins. Nowadays is good time to start staking while waiting for another price going up to $1k. But remember also focus to analysis the trend of crypto market, because after bull market the trend has more possibility changing to bearish before BNB touch to $1k.

OcTradism

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Quote from: bakasabo on June 16, 2021, 02:35:05 AM

And? Current BNB price is around $350-360. NFT is not new to the market, there are already places to trade NFT. Do you really think that after Binance release NFT marketplace its price will skyrocket to $1000? I think not. I think they are a little bit late with NFT marketplace.

Binance has a very sharp growth from 2020 to 2021 and I think it needs more time to grow more. It is too optimistic to think BNB will grow faster than Ethereum because it has Binance, Binance Smart Chain, Pankeswap. Being too optimistic will result in congested thoughts. We can hope for very high price, we will miss good price to take profit.

Quote

No doubt this marketplace will be used, but it wont increase BNB price a lot. What they gonna do - charge 0.075% for every trade ? I think there is no such huge demand in NFT, so that people will trade them like hell and to save on trading fees, will buy lots of BNB, which will cause its price to go up.

We can not say any certain things about the future. Personally I don't see anything good in NFT but it is a trend and it can bounce again or make a higher wave of hype. NFT marketplace will not be a biggest thing that can contribute to the growth of BNB. Binance Smart Chain, Pancakeswap, and promotions from Binance will be more important.

john1010

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Quote from: Deewhy50 on May 10, 2021, 11:32:39 AM

I have $20K worth of BNB and I dont want to sell it yet. What are ways for me to earn some free money out of these BNB? Someone said I can go mining or farming but I am not so sure of it? Is it safe? He said I can check Nashcash (https://nashcash.fi/#/home) and try its free-ming pool which will be started soon. He told me it is quite a solid one as he knows the team. I do trust this friend but I am still a bit worried. What should I do? Any other ways to earn free money?

Go to Pancakeswap and stake your BNB there, it is safe and passive, anytime you can unstake your bnb, There's a lot of platform that can offer risk free income while you are waiting for BNB to hit 1K$

bahagia93

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Quote from: ?? on ??

Oh yes. Forgot binance staking. Good choice, thanks for reminder about binance staking option.

Betting on binance is always a good thing to do so it's only natural that you should thank the person who reminded you of this, as it's very rare for anyone to want to remind everyone of a good thing.

Yudhisthir

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Quote from: Maestro75 on June 16, 2021, 05:41:12 AM

I take it that in this thread you are trying to promote the Nashcash site and that you knowingly avoided the title in your topic about BNB hitting $1,000. This is even made worse as accounts below you followed your trail in promoting same site you mentioned. Anyway, let me make a comment on the price projection of BNB. It will not get to $1,000 before the end of 2021 unless you are talking about it getting there in 2022 or 2023. Today's BNB price is at $360+ as I make this post.

Just realized it's all about NashCash. BNB is surely a token with potential but it's better to hold it than put it on less known and small staking sites. Binance itself do provide some staking and Launchpool investment with BNB token. If you need to, you can also venture some of your BNB to popular staking sites as Pancakeswap. Even if you are late, the staking reward won't decrease significantly, so, it's wiser to wait and look at the market before deciding to put your BNB anywhere.

Maestro75

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I take it that in this thread you are trying to promote the Nashcash site and that you knowingly avoided the title in your topic about BNB hitting $1,000. This is even made worse as accounts below you followed your trail in promoting same site you mentioned. Anyway, let me make a comment on the price projection of BNB. It will not get to $1,000 before the end of 2021 unless you are talking about it getting there in 2022 or 2023. Today's BNB price is at $360+ as I make this post.

bigdude

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I hold some since 25$ and stake on pancake
and now farming for ATA.
I'm waiting for 1000$ per BNB maybe after June with the success of NFT market. Who knows?
BNB may be target by SEC soon so we have prepare for this option too

bakasabo

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Quote from: OcTradism on June 15, 2021, 03:22:56 AM

Quote from: bakasabo on June 15, 2021, 03:08:34 AM

Perhaps on June 24 the price of BNB will show an increase, as they plan to open NFT marketplace. Not much is knows about how it is going to work and whether any NFT can be traded there (if yes, then it will quickly turn marketplace into a junkyard). But at least this is going to be another something with a Binance tag on it, meaning it will show some success sooner or later. On the other hand, NFT hype seems go down, and there might no great demand in marketplace, meaning BNB price would barely change.

What is BNB? It is a token that is backed by Binance. If I am not wrong, it is the first or at least the first successful exchange token in crypto market.

After 4 years of growth, it now has multi support from Binance, Binance Smart Chain, Pancakeswap and Binance NFT marketplace. Binance are trying to hype the market with their NFT marketplace.

And? Current BNB price is around $350-360. NFT is not new to the market, there are already places to trade NFT. Do you really think that after Binance release NFT marketplace its price will skyrocket to $1000? I think not. I think they are a little bit late with NFT marketplace. No doubt this marketplace will be used, but it wont increase BNB price a lot. What they gonna do - charge 0.075% for every trade ? I think there is no such huge demand in NFT, so that people will trade them like hell and to save on trading fees, will buy lots of BNB, which will cause its price to go up.

Sithara007

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Quote from: fileo on June 15, 2021, 10:52:34 PM

I agree. There are so many benefits holding Binance such as participating in Ido and whatever advantage for BNB. Yeah, farming is another big opportunity to earn passive income without working hard. Although there's an impermanent lose, take the risk to earn as soon as possible. I do not have much BNB because I invested in scam projects. I am still optimistic to earn big.

Obviously the big question is whether investing in these projects worthwhile or not. There are too many scam projects around and in case you believe that the chance of losing your money is higher than any potential gain, then it will be better to not to invest in them. But first of all, is there a need to invest in these projects, when BNB itself is a very good investment option? If I were in your place, then I would just keep my BNB in cold storage for another 3-4 years, so that I would get good returns after this period.

fileo

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BNB is a great altcoin and I am also investing huge money in it, there are so many things for us to earn BNB, we can try farming / Yielding, there are also some BNB that we can have from investing in a new BSC project tokens, some of the tokens are profitable, just make sure you have done good research.

I agree. There are so many benefits holding Binance such as participating in Ido and whatever advantage for BNB. Yeah, farming is another big opportunity to earn passive income without working hard. Although there's an impermanent lose, take the risk to earn as soon as possible. I do not have much BNB because I invested in scam projects. I am still optimistic to earn big.

el kaka22

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I am not saying that bnb can't go over 1000 soon, but it is not going to happen anytime soon, it will probably take some time. I think there is some time before we could see something like that. This is not BNB's fault though, they are doing fine, they are in fact holding quite well at 350+ dollar levels which is a strong support and I hope it will continue down that path for a very long time.

However one thing I am not entirely sure about is the fact that we are talking about the market being super low compared to what it was, it needs to be going super high before we can see BNB at 1000 dollars, like I am talking about at least bitcoin at 60k+ once again and last time it was there BNB was above 600, so it wasn't even 1000 at that moment but let's be optimistic and say that it will, we still need to reach that level and I do not see it anytime soon.

Hobo66

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So far, I saw the best way to make free money just from farming. Onne of the best ways to earn great with the coins and tokens we are holding is via so-called farming. I am actually looking at it now, But Farming is also High risky and due to current market situation , I Recommend Do not farm in the bull market, unless it is 1000%+APY

raes

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Quote from: 2tang on June 15, 2021, 06:37:18 AM

Quote from: ?? on ??

The best way to earn free money is Staking on binance. But when i checked in binance, everything packet 30-90 days is sold out, just keep refresh the page i think for packet "30 days" will available very soon.

Yes, it is a very instant way to earn money for free, but it is so limited that it can only be obtained by those who are quick to buy packages when all packages are available, I also like Staking on Binance.

if you are a strong person holding your assets even in the pump, then staking will be perfect for you to get your assets to be more.
and BNB will not be a wasted investment in the long term. Long-term staking won't hurt you with BNB holdings. because in the future BNB will be more expensive.

Topic: BNB will break $1000 soon. What are ways for BNB holders to earn free money? (Read 788 times)